WILMINGTON, Del., Feb. 18, 2015 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq:IDCC), a mobile technology research and development company, today reacted to the decision by the Court of Appeals of the Federal Circuit to reject the company's appeal of the U.S. International Trade Commission's decision in the 337-TA-800 investigation.
"We are disappointed by the Federal Circuit's decision, and will in all likelihood pursue the avenues for review that exist. Most importantly, our '613 ITC case where we previously prevailed at the Federal Circuit, and our active cases in Delaware involving ZTE and Microsoft, are based on different patents and are not controlled by this decision. We remain very confident in the strength of our portfolio, and in our ability to continue to grow our licensing program," said William J. Merritt, President and CEO of InterDigital.
InterDigital develops technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our plans to pursue the avenues for review that exist and our confidence in our ability to continue to grow our licensing program. Words such as "will in all likelihood," "expect," "believe," "continue to," and variations of such words or similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, changes to our litigation strategy and our ability to secure new patent license agreements on acceptable terms. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.
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